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starbucks has expansion plans in china and for its product line sold in grocery stores and other vendors. >>> your smartphone will soon be able to send how your feeling and respond proeply. it uses voice features. it was successful about 80% of the time in correctly identifying the emotion. rob, can you tell my emotion right now? >> you sound happy and wide-awake. >> i'm very happy. >> i'm sure that's not the caffeine talking. >>> next, on alert. a popular baby recliner. the focus of a new government warning after the deaths of several kids. >>> and a mystery in arizona. a college student missing. was he a victim of fraternity hazing? >>> plus, what a night for kobe bryant. the incredible feat only four other people have ever done. "this is george. he is a good little monkey and always very curious. one day george got an important letter. he's built a rocket ship to travel into space." google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] a delicious new way to get essential vitamins you need. just bite into the tasty shel
starbucks has expansion plans in china and for its product line sold in grocery stores and other vendors. >>> your smartphone will soon be able to send how your feeling and respond proeply. it uses voice features. it was successful about 80% of the time in correctly identifying the emotion. rob, can you tell my emotion right now? >> you sound happy and wide-awake. >> i'm very happy. >> i'm sure that's not the caffeine talking. >>> next, on alert. a popular...
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she would spend hours in the middle of the night skyping to china, but was determined to make it here. so was tervis. and the new store at the mall of america. and the faribault mill. merry christmas. i didn't wrap it. >> christmas comes early. thank you, david. and thanks to all of you, our viewers in this together. it's great. thank you. >>> and still ahead on "world news," the story of the millionaire mogul on the run. but tracked down tonight by our reporter. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressu
she would spend hours in the middle of the night skyping to china, but was determined to make it here. so was tervis. and the new store at the mall of america. and the faribault mill. merry christmas. i didn't wrap it. >> christmas comes early. thank you, david. and thanks to all of you, our viewers in this together. it's great. thank you. >>> and still ahead on "world news," the story of the millionaire mogul on the run. but tracked down tonight by our reporter. those...
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the company has big expansion plans in china. there are currently more than 18,000 starbuck's around the globe. they're now charging $7 for the snazzy cup of coffee. so, of course, they can expand. >> some kind of premium blend, exotic blend. >> flecks of gold in it. >> should for $7 a cup. your thursday forecast, everybody. we have showers from portland to seattle. up to 8 inches of snow in the cascades and northern rockies. still mild in the nation's midsection. pop-up showers around omaha, nebraska and louisville. scattered showers from the carolina coast through florida. >> 70s from dallas to miami. mostly 40s in the northwest. 77 in phoenix. 37 in billings. >>> 'tis the season for some really funny movies, funny flicks. we want your help to pick the best, "world news now" classic christmas competition. say that five times fast. >> that is a mouthful. >> so get this, logon to our website at wnnfans.com. and vote. we both look borderline. >> i look cross-eyed. you look constipated. >> too many candy canes. vote early and often
the company has big expansion plans in china. there are currently more than 18,000 starbuck's around the globe. they're now charging $7 for the snazzy cup of coffee. so, of course, they can expand. >> some kind of premium blend, exotic blend. >> flecks of gold in it. >> should for $7 a cup. your thursday forecast, everybody. we have showers from portland to seattle. up to 8 inches of snow in the cascades and northern rockies. still mild in the nation's midsection. pop-up...
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computers here in the united states and shipping a small -- and shifting a small portion away from china. cook tells us it is apple's responsibility to create jobs he didn't say where in the u.s.. since apple will work with partners and the operates will include more than final assembly, apple manufactured and assembled many products in the united states until the late 90s. apple shares were down yesterday, dragged the nasdaq lower and down again today, drop in market share and tablets some off the stock price. over all markets look lake this, a little lower. like so many days lately, cautious, as we continue to watch washington. bloomberg index this morning trading down. i know people like deals, there's one that starts today, burger king celebrating the 55th anniversary of the whooper with 55 cent burgers when you purchase any cheaper, it starts today through sunday, it does include the white cheddar and spicy angry whooper. burger king experimenting with home delivery in some parts of the nation. live at the new york stock exchange, i'm jane king. >>> i'm wondering if you pick up that
computers here in the united states and shipping a small -- and shifting a small portion away from china. cook tells us it is apple's responsibility to create jobs he didn't say where in the u.s.. since apple will work with partners and the operates will include more than final assembly, apple manufactured and assembled many products in the united states until the late 90s. apple shares were down yesterday, dragged the nasdaq lower and down again today, drop in market share and tablets some off...
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. >> sreenivasan: the typhoon is now swirling over the south china sea. it's expected to break up by the weekend. washington state is now the first state in the nation where recreational use of marijuana, by adults, is legal. the new law was approved by voters last month, and took effect at midnight. in seattle, about 100 people marked the occasion by smoking joints beneath the city's iconic space needle. technically, doing that in public remains against the law. marijuana is still illegal under federal law. but the justice department has not said if it will try to block the washington state law or a similar statute in colorado. same-sex marriage also became legal in washington state today, and in maryland. gay and lesbian couples in both states began picking up marriage licenses. those in washington state have to wait three days to be married. same-sex weddings in maryland will begin on january first. maine will legalize the practice on december 29. the three states are the first to approve same-sex marriage by popular vote. in economic news, new jobless
. >> sreenivasan: the typhoon is now swirling over the south china sea. it's expected to break up by the weekend. washington state is now the first state in the nation where recreational use of marijuana, by adults, is legal. the new law was approved by voters last month, and took effect at midnight. in seattle, about 100 people marked the occasion by smoking joints beneath the city's iconic space needle. technically, doing that in public remains against the law. marijuana is still...
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. >> the way bush has done it, over the last eight years is to take out a credit cardback of china in the game of the children, driving up the national debt. that is irresponsible and unpatriotic. >> eric: unpatriotic. $5 trillion in debt. president obama will add ten, 11, 12 trillion in debt. when he is done with this. >> for years, president obama running when he was senator, running for president always said that the bush tax cuts were only for the rich and only benefit the rich. now he says that the republicans are holding hostage for the lower and middle class. the tax cuts will expire. hypocrisy knows no bounds. >> bob: you just keep shooting your mouth off over and over about this stuff. i said if they came up with a deal on inflation adjustment on social security it would save money. >> dana: cola adjustment is not a big deal. >> bob: yes, you talk about a significant amount of money over ten years. here is the problem. means testing for medicare. >> eric: the problem is everything that -- [ overtalk ] >> eric: everything on the table won't solve the debt problem. >> andrea: t
. >> the way bush has done it, over the last eight years is to take out a credit cardback of china in the game of the children, driving up the national debt. that is irresponsible and unpatriotic. >> eric: unpatriotic. $5 trillion in debt. president obama will add ten, 11, 12 trillion in debt. when he is done with this. >> for years, president obama running when he was senator, running for president always said that the bush tax cuts were only for the rich and only benefit the...
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Dec 6, 2012
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and will start taking share in china, all the big carriers will be selling it and an omg product might be on the way. the market capitalization will still be outsized versus the rest of the market and that i don't like. there's nothing you can do about the rest of the market, right? as we settled three times today, if you want to measure the selloff here, use the 12 days of christmas approach. three nikes, four price lines, eight dells, nine coaches, ten may cy's, 11 ralph laurens, 12 mattells and a partridge and pear tree and it's still a $1 billion company. it goes down $100 billion in cash and plus it's growing. the price to earnings multiple, the apples to apples method so to speak will be the lowest in the whole s&p 500. that can and is happening. valuation will get so cheap that apple will be too compelling for informed people not to own. the company's not going to sell through all of the cash and respective cash and this company is one gigantic atm machine. and guess what? the chart with the nauseating terminology will be meaningless at that point. the technology, not the techni
and will start taking share in china, all the big carriers will be selling it and an omg product might be on the way. the market capitalization will still be outsized versus the rest of the market and that i don't like. there's nothing you can do about the rest of the market, right? as we settled three times today, if you want to measure the selloff here, use the 12 days of christmas approach. three nikes, four price lines, eight dells, nine coaches, ten may cy's, 11 ralph laurens, 12 mattells...
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china and asia pacific will have nearly 4,000 locations by the end of 2013. shares of the company up about 20% over the past year, nice move there but off the highs of the year. so we have these worries about the fiscal cliff, they seem to be holding, the markets or at least the psychological of a lot of investors hostage. so once the dust finally settles, what's the s&p's next move? joining us now in a fox business exclusive, not just the s&p, bill, right? bill strazzullo's joining us, chief market strategist at bell curve trading. good to see you. >> good to see you, liz. look, i think -- go ahead. liz: no, i was just going to say, you know, it's not just the s&p, but, of course, that's the broad indicator of what a lot of people look at and invest in, so how should they be viewing this on a day-to-day basis? >> the first thing you have to do, liz, is just be very disciplined. we've had a really nice run mapping out buy and sell levels and not getting caught in the between moves. for instance, right after the election we advised our clients we should get a
china and asia pacific will have nearly 4,000 locations by the end of 2013. shares of the company up about 20% over the past year, nice move there but off the highs of the year. so we have these worries about the fiscal cliff, they seem to be holding, the markets or at least the psychological of a lot of investors hostage. so once the dust finally settles, what's the s&p's next move? joining us now in a fox business exclusive, not just the s&p, bill, right? bill strazzullo's joining us,...
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walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the laws and it's absolutely a perfect idea. a workforce that is not the kind of problems or baby sitting senator always here always comes to learn. your business or leave a wide variety of industries take advantage of prison labor among many other things prisoners make clothing textiles electronics furniture and even solar panels just as we're trying to get china to start with their prison labor hours isn't the same . hundreds of companies have used prison labor directly or through subcontractors including microsoft boeing starbucks tory secret and others. or federal tax. rate compensated up to forty percent of the w
walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the laws and it's...
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active income is if the have a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active and come and we should tax that money -- income and we should ta money. host: we have been talking with sam goldfarb from cq roll call. thank you very much. open phones. if you like to have a comment about anything we discussed this morning, any public policy issue that you like to bring up, you can see the numbers on the screen/political affiliation. republicans, democrats, and independents. send your tweets and e-mials as mails as well. >> , 9:31 a.m.. jobless numbers in this hour so the numbers of people seeking aid dropped sharply las
active income is if the have a factory in china and sell cars. they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they...
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china operations are the day. the gold fever. turns thousands into slaves. my father but also among other involved in the monsoon and since i started working in amman i stated. food multinationals. to cash cow to be milked dry and use but i think that in this country is gold medal logie as an environmental cost which is unacceptable to local business was labeled illegal and controlled by criminals you know in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups what price is colombia going to pay. for the for the modest effect on r.t. . this is a welcome back while the rest of the us may be struggling who work there is currently a real boom of job offers for mates in the country but states and some of the biggest private companies are now enjoying the fruits of a cheap and readily available workforce with tons of millions of dollars spent by private prisons to keep their jails for our she's going to stick around takes up the story. in the us the market for cheap labor is booming behind bars in the la
china operations are the day. the gold fever. turns thousands into slaves. my father but also among other involved in the monsoon and since i started working in amman i stated. food multinationals. to cash cow to be milked dry and use but i think that in this country is gold medal logie as an environmental cost which is unacceptable to local business was labeled illegal and controlled by criminals you know in order to protect our lives our families and to work in peace. we are forced to pay...
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make it here and you don't have to ship from china, saving a lot of money. suddenly, the math isn't adding up. so, they are decides that made in america makes more sense. >> yes, it's an economic question about being made in america. it's not necessarily a patriotic question. it's an economic question. >> reporter: one that also creates a ripple effect here at home. the other jobs created. just last night, we introduced you to arianna russell in st. louis, making her own iphone cases and determined to make her design here in america. so, you found a way to do it here. >> i found a way to do it here. >> reporter: there was so much interest in those cases last night that her website crashed within five minutes of our report. but it's back up and running tonight and she tells us she sold 2,000 of the cases in 24 hours. on this larger announce m from apple tonight, we reached out to our team of economists and they all echoed one another, saying this is about more than just good will. it's now good business. and this move puts an exclamation point on the trend we
make it here and you don't have to ship from china, saving a lot of money. suddenly, the math isn't adding up. so, they are decides that made in america makes more sense. >> yes, it's an economic question about being made in america. it's not necessarily a patriotic question. it's an economic question. >> reporter: one that also creates a ripple effect here at home. the other jobs created. just last night, we introduced you to arianna russell in st. louis, making her own iphone...
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if china mobile extracts big concessions to the u.s. providers, then go back and do the same. that's the principal issue. the other thing you're coming to the most important quarter in apple's recent memory and that's because you've had so many product launches coming in this last quarter they've really got to hit the cover off the ball. having said all that i still think apple long-term is a value play here, i still think it's a growth play, so it's just the right time to get in. >> dennis? >> joe brighton brings up the topic of a generational circumstance. going back a generation to me this reminds me of what happened in the early 1970s when you had the wonderful nifty 50 stocks you were supposed to own forever, all of which are wonderful companies -- >> 1970s or 1870s? >> i look like i was from the 1870s but apple is a wonderful company but not a good stock at this point. you have to be careful here. >> stephanie, what do you do, sitting there at home watching what all of us say as america's best loved stock, most valuable company on earth and watch it fall as far as it's f
if china mobile extracts big concessions to the u.s. providers, then go back and do the same. that's the principal issue. the other thing you're coming to the most important quarter in apple's recent memory and that's because you've had so many product launches coming in this last quarter they've really got to hit the cover off the ball. having said all that i still think apple long-term is a value play here, i still think it's a growth play, so it's just the right time to get in. >>...
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but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization exercise in human history, building something like 221 new cities. so there's no did you tell that some of the buildings and roads or even shopping malls may in the short term appear empty. and then that fits into the kind of speculation there will be a huge asset or property bubble that's bound it on burst. but don't forgetbeginning, a lo buildings. and don't forget the speed of the urbanization process is going on in china. but as a national strategy also to balance the economy away from the capital kind of investment towards domestic consumptio
but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization...
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says you cues china of repeatedly and yet you don't see the same kind of vitriol being pointed at china which may well be because china owns so much of the u.s. this paper at this point that they be sort of pointing their finger at the boss what about canada that's said to be in the process of drafting something very similar again yes russia what would why canada what are their reasons that canada has been voting and acting in concert with the united states for the last few years now if you look at the votes on israel for example you'll find the united states canada guam and you know like some small rock in the middle of the pacific voting on one side and the rest of the world on the other i can explain exactly what that dynamic is is that. as a candidate in lockstep with the u.s. one of the stork we can it has been a lot of progress in the way that it's treated for the national interest but that's been going on for a while and i cannot explain it it makes no sense just briefly you said earlier that the jackson family could dream of dropping that is a positive stage and you did give an
says you cues china of repeatedly and yet you don't see the same kind of vitriol being pointed at china which may well be because china owns so much of the u.s. this paper at this point that they be sort of pointing their finger at the boss what about canada that's said to be in the process of drafting something very similar again yes russia what would why canada what are their reasons that canada has been voting and acting in concert with the united states for the last few years now if you...
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walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're training bringing back this industry that is starkly has been going out of this country and we're putting it you know inside the walls and it's absolutely a perfect idea. i have a workforce that is not the kind of problems or babysitting arms etc there are always here and there always will to come to learn. your business or leave a wide variety of industries take advantage of prison labor among many other things prisoners make clothing textiles electronics furniture and even solar panels just as we're trying to get china to start with their prison labor hours isn't the same term hundreds of companies have used prison labor directly or through subcontractors including microsoft boeing starbucks tory secret and others. or federal tax. rate com
walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're training bringing back this industry that is starkly has been going out of this country and we're putting it you know inside the walls and it's...
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Dec 6, 2012
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WBAL
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market relative to china. now roughly 60% of mexico's gross domestic product is in kansas city southern rail corridor, and kansas city southern's mexico business grew auto volumes at an astounding 31% clip in the last quarter. who's got that kind of industrial growth? and the company expects growth to continue in that solid double digit range. what's more, kansas city southern currently serves nine auto plants in mexico, but nissan, honda, mazda and audi will be opening new plants. bmw has. crazy, huh? bmw. over the time frame, mexican auto production is expected to surge from 2.5 million vehicles a year to 3.5 million. i think that's low versus what will ultimately be. and kansas city southern and kansas city southern believes they will have 50% market share. kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining c
market relative to china. now roughly 60% of mexico's gross domestic product is in kansas city southern rail corridor, and kansas city southern's mexico business grew auto volumes at an astounding 31% clip in the last quarter. who's got that kind of industrial growth? and the company expects growth to continue in that solid double digit range. what's more, kansas city southern currently serves nine auto plants in mexico, but nissan, honda, mazda and audi will be opening new plants. bmw has....
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from real point of view of the best way to fix all that well all over the world including in china and russia and in europe and in in the united states internet surveillance is increasing and it's quite breakneck speed so a solution would be. to at least try and come to some international standard of how to resolve all this and what does privacy mean i know that this is a very ambitious goal but as we all move into the internet and as we all as it all becomes a part of our daily lives free speech and privacy online is becoming ever more important. right on by have from the netherlands so many thanks indeed for sharing your views that. syria's chemical weapons arsenal is again whipping up a frenzy at least in the us media an unnamed american official has reportedly said damascus has begun its chemical stockpiles it's impossible to verify though skeptics are saying rumors are being spread intentionally to justify greater aid for rebels or even intervention meanwhile another car bomb has gone off in damascus as turmoil in syria's seeps and beyond the country's borders middle east expert d
from real point of view of the best way to fix all that well all over the world including in china and russia and in europe and in in the united states internet surveillance is increasing and it's quite breakneck speed so a solution would be. to at least try and come to some international standard of how to resolve all this and what does privacy mean i know that this is a very ambitious goal but as we all move into the internet and as we all as it all becomes a part of our daily lives free...
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smartphone in china. shares of nokia jumped 12.8%. volume was very heavy as shares sit at a seven-month high. meantime, banking stocks were in focus thanks to the job cuts announced at citigroup. bank of america joined in the rally with shares closing with a double-digit handle. with b. of a. finishing the session at $10.46, it's the first close over $10 per share since july 2011. also helping the financial sector: insurance companies. two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales, the stock rallied. shares jumped 1.9% on heavier than usual volume. while the br
smartphone in china. shares of nokia jumped 12.8%. volume was very heavy as shares sit at a seven-month high. meantime, banking stocks were in focus thanks to the job cuts announced at citigroup. bank of america joined in the rally with shares closing with a double-digit handle. with b. of a. finishing the session at $10.46, it's the first close over $10 per share since july 2011. also helping the financial sector: insurance companies. two of them released their estimates of how much hurricane...
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walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're training bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the laws and it's absolutely a perfect idea. of a workforce that is not the kind of problems are baby sitting senator always here always going to come to learn. your business or leave a wide variety of industries take advantage of prison labor among many other things prisoners make clothing textiles electronics furniture and even solar panels just as we're trying to get china to start with their prison labor hours isn't the same term. hundreds of companies have used prison labor directly or through subcontractors including microsoft boeing starbucks tory secret and others by federal tax. rate compensated up to forty p
walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're training bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the laws and it's...
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china plays a big role in starbucks' expansion plans. coffee chain hopes to have 1500 stores in china by 2015. >>> we all love the smell of pizza just out of the oven. >> but do you love it enough to spray it on your neck? coming up pizza perfume. does this idea stink or is it genius? >> not really. >> all right let's talk about what's going on because we are dealing with some very cold temperatures but the 60s are in the forecast. when they come back coming up. >> everything is nice can clear here on -- ask clear here on route 95 in harford road. what traffic looks like on 695 and 83 coming up on "good morning maryland." >>> well the happiest place on earth is about to get a lot bigger. today the new fantasyland opens in orlando. it features new villages like the be our guest restaurant. the addition will cost $425 million. it will be doubling the sides of that portion of the magic kingdom. disney says it's the largest expansion in the park's history. >>> take a minute and imagine that fresh smell of pizza. thanks to pizza hut you can a
china plays a big role in starbucks' expansion plans. coffee chain hopes to have 1500 stores in china by 2015. >>> we all love the smell of pizza just out of the oven. >> but do you love it enough to spray it on your neck? coming up pizza perfume. does this idea stink or is it genius? >> not really. >> all right let's talk about what's going on because we are dealing with some very cold temperatures but the 60s are in the forecast. when they come back coming up....
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chain is going supersize by opening 20,000 more cafes by 2014, with much of the growth coming from china. 1500 stores will open in the u.s. alone in a span of 5 years. and now with the recent acquisition of teavana, starbucks will eventually open "tea bars" in shopping malls. for serious coffee drinkers, starbucks is offering a stainless steel gift card starting at $400 friday morning. citigroup is transitioning to a smaller workforce. the bank is cutting 11,000 jobs, which will save citi $900 million next year. cuts were rumored following former ceo vikram pandit's departure from the bank. citi chairman michael o'neill has been known to cut staff to turn business around. the bank has been trying to rebound after being hit hard during the financial crisis. worldwide, 84 branches will close as a result of the measures. a trader is under arrest, allegedly for attempting to get rich quick by trading shares of apple. according to reports, david miller was trading at rochdale securities. the fbi claims he bought roughly $1 billion in apple stock, unauthoritized, with the brokerage's money, on
chain is going supersize by opening 20,000 more cafes by 2014, with much of the growth coming from china. 1500 stores will open in the u.s. alone in a span of 5 years. and now with the recent acquisition of teavana, starbucks will eventually open "tea bars" in shopping malls. for serious coffee drinkers, starbucks is offering a stainless steel gift card starting at $400 friday morning. citigroup is transitioning to a smaller workforce. the bank is cutting 11,000 jobs, which will save...
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. >> so cook confirmed to cnn apple will spend $100 million to shift assembly from china to the u.s. frankly, that's a drop in the bucket for a company of its size. it's hard to say right now if that means expanding current operations or even building out brand new ones. apple has taken a lot of criticism for its relationship with fox con in china so bringing back jobs here would take a little bit of heat off. >> the news comes at an interesting time too because the company's stock is down quite a bit right now. it's fallen in the last couple days, right? >> you've got that right. apple shares were down before and now trading up a bit here about 1.5% trading at 547. the company hit an all-time high above 700 just this fall but since then it's really been a tough run for the stock. the big tumble came wednesday when shares of gadget giant slid more than 6%. the thing is there's no clear explanation as to why. some analysts are saying it's because of chatter that some firms raised their margin requirements on the stock and just to backtrack what that means. it's harder for investors to
. >> so cook confirmed to cnn apple will spend $100 million to shift assembly from china to the u.s. frankly, that's a drop in the bucket for a company of its size. it's hard to say right now if that means expanding current operations or even building out brand new ones. apple has taken a lot of criticism for its relationship with fox con in china so bringing back jobs here would take a little bit of heat off. >> the news comes at an interesting time too because the company's stock...
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walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're training bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the laws and it's absolutely a perfect idea. i have a workforce that is not the kind of problems or baby sitting senator always here always will come to learn. your business or lead a wide variety of industries take advantage of prison labor among many other things prisoners make clothing textiles electronics furniture and even solar panels just as we're trying to get china to stop with their prison labor hours and the same. hundreds of companies have used prison labor directly or through subcontractors including microsoft boeing starbucks tory secret and others. or federal tax. rate compensated up to forty percent of
walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're training bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the laws and it's...
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Dec 6, 2012
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conversation today, running from ad campaign all the from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states. next year, we will do one of our existing mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said get everybody out of china, and do whatever you have to do. make these, make everything you make in the united states, what would that do to the price of this device? >> honestly, it is not so much about price, it is about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily people, but the education, the ability to produce them. >> that is sad, how do we ge
conversation today, running from ad campaign all the from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united...
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you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, you know, remains to be seen and tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> yeah. i guess i say hopefully. precisely the point. so many people want the jobs in this country. thank you. >>> all right. hour two. welcome back. i'm brooke baldwin. concerns rising over chemical weapons sites in syria and first time defense secretary panetta says the most recent intelligence he has raises serious concerns. >> the whole world is watching. the whole world is watching very closely and the president of the united states has made very clear that there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. >> we're going to talk a
you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, you know, remains to be seen and tim cook made it clear this is not a financial move necessarily. this is a move to really bring back jobs to the united states and do something positive for the american economy. >> yeah. i guess i say hopefully. precisely the point. so many people want the jobs in this country....
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walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the walls and it's it's absolutely a perfect idea. i have a workforce that does not have problems or babysitting center and they're always here and they're always going to come to learn bring your business or lead a wide variety of industries take advantage of prison labor among many other things prisoners make clothing textiles electronics furniture and even solar panels hundreds of companies have used prison labor directly or through subcontractors including microsoft boeing starbucks secret and others. or federal tax. rate compensated up to forty percent of the way to. reduce tax payers to be. here in everything al
walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the walls and it's...
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we all know that the united states and china the biggest polluters, china is building more coal plants. how do we get them to see this issue the way we do. there is a legitimate point being made by the other side. we don't matter if the chinese continue to spew co2 in the atmosphere. how do you confront that issue. >> as you know, the chinese and other developing countries say hey, you're the rich countries you got rich polluting and you're not even willing to reduce your own emissions. now you want to stop us from doing this, and you won't help us with clean energy technologies. the answer is we need leadership. if the united states could meet its commitment that obama made, then we could go at international negotiations, and develop an agreement. i think the chinese understand that ultimately building all these coal plants is going to hurt them more than us because they've got more people. they've got a lot of people along the coast lines. they have a lot of people living in very dry arid conditions that will just get drier. they have a lot of mouths to feed and they're drawing down
we all know that the united states and china the biggest polluters, china is building more coal plants. how do we get them to see this issue the way we do. there is a legitimate point being made by the other side. we don't matter if the chinese continue to spew co2 in the atmosphere. how do you confront that issue. >> as you know, the chinese and other developing countries say hey, you're the rich countries you got rich polluting and you're not even willing to reduce your own emissions....
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if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left. the dow hanging on to a gain of about 30 points. >> the situation with anti-virus software pioneer john mcafee is going from strange to surreal. he's now in custody. now reportedly has had two heart attacks. we're going to tell you the latest on this bizarre and evolving story. >>> also, the ceo of accounting giant recently met with president obama. he say miss other ceos in that meeting agreed the tax rates for the wealthy have to rise as part of any fiscal cliff deal. he joins us exclusively later on "the closing bell." stay tuned. [ male announcer ] this december, remember -- ♪ you can stay in
if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left....
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also planning to extend overseas making china the second biggest market in the world. this might indicate the company to be making a turnaround at the closing to percent of its u.s. to respect in the late. obamacare is going to hurt both doctors large and big businesses. our next guest is a small -- a doctor and not read the small business. sorry about that makes up. you are a doctor, chiropractor, and you operator chiropractic office like a small business. >> yeah that right. stuart: you're going to stop taking any kind of insurance. you want cash only. >> the thing is, i decided to start a 1-1 i realize that the bureaucracy was trying to tell me how the practice. but terry is when they come and pay for a service that deserve the best. the reservoir on the percentage you. if i have to talk to somebody about how i treat them and i commend you for it. unlike with your doing. if your clients are paying hard-earned money to see me 90100 percent of me. i sent to a five page letter firing the insurance companies. if you want to change things i love to come back . stuart: th
also planning to extend overseas making china the second biggest market in the world. this might indicate the company to be making a turnaround at the closing to percent of its u.s. to respect in the late. obamacare is going to hurt both doctors large and big businesses. our next guest is a small -- a doctor and not read the small business. sorry about that makes up. you are a doctor, chiropractor, and you operator chiropractic office like a small business. >> yeah that right. stuart:...
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south china sea. again, we initiated this from the staff members in our office. i could go on. let me just say that the other areas, important areas that our staff have worked on in the past six years include our pioneering work and economic fairness, the need for stronger programs in the areas of adult education, the efforts from inside our office to encourage a full spectrum of energy development, the preservation of civil war battlefields and the vital need to rebalance the constitutional relationship between the congress and the presidency, which i have pursued in both administrations that have been in office while i have been a member of the united states senate. and at this point, because i really will not have time to list all of the contributions by my staff members, i would ask unanimous consent, mr. president, the names and the positions of my staff members be entered into the record at this point. the presiding officer: without objection, so ordered. mr. webb: thank you, mr. president. and
south china sea. again, we initiated this from the staff members in our office. i could go on. let me just say that the other areas, important areas that our staff have worked on in the past six years include our pioneering work and economic fairness, the need for stronger programs in the areas of adult education, the efforts from inside our office to encourage a full spectrum of energy development, the preservation of civil war battlefields and the vital need to rebalance the constitutional...
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what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should hold accountable is not the agency. we are allowing the agency to do this. we see waste and stupidity. the fact that we don't have a metric to measure, and we don't know how the money is spent, there are no follow-ups, it just shows the competency of the agency, but also the competency of washington in terms of doing what they're supposed to be doing. charles: on that note, we are talking about the fiscal cliff. earlier today, president obama brought the debt ceiling debate, or would be debate into the picture. it feels like a lot of the work that you do -- people say okay, we spent 100 grand on this
what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should...
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Dec 6, 2012
12/12
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FOXNEWS
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china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> through pro live raig they could be a threat to the united states. and if they were to hit our allies in the near range. in the south and also japan. those are the near-term risks. but proliferation could occur at any time. they were able to reach to hawaii ... bill: history shows they are not very good at this. are they getting better? >> only more tests will tell. you are correct history has shown it's been embarrassing for them. you would have to ask if you were rational why would you take a high-risk test like this with so many eyes watching? bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of propor
china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> through pro live raig they could be a threat to the united states. and if they were to hit our allies in the near range. in the south and also japan. those are the near-term risks. but proliferation...
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it is the approach that we have taken with china. it is the approach that we are taking with our vote today with russia. i want to point out that as in cuba, there are significant concerns about human rights and democracy also in russia. in fact, the legislation we voted on to expand our economic ties with russia includes sanctions targeted at people who commit human rights violations. those provisions are of course called the sergei magnitsky rule of law and accountability act. they were authored by senators cardin, kyl, mccain and others. we could take a similar approach with cuba, expand economic ties while continuing to put pressure on those responsible for repressing basic rights and basic freedoms. ultimately because of the web of sanctions legislation that has been enacted over the years, only congress has the authority to fully lift the embargo, but until congress is willing to end that embargo, i hope the president will act. the president has substantial authority to loosen the restrictions on traveling and commerce. preside
it is the approach that we have taken with china. it is the approach that we are taking with our vote today with russia. i want to point out that as in cuba, there are significant concerns about human rights and democracy also in russia. in fact, the legislation we voted on to expand our economic ties with russia includes sanctions targeted at people who commit human rights violations. those provisions are of course called the sergei magnitsky rule of law and accountability act. they were...
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russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >> and now we go to retired general james dupnik at the institute for the study of war. thank you for coming in, general. how much do we know about what the syrians have in terms of chemical weaponry? >> i'm sure our intelligence agencies know a lot more than we do in reading the newspaper. but there's always a degree of ambiguity. we know 85% to 90 percent of what they are duly, but -- to 90% of what they are doing, but there's always an element of the unknown gruden >> what of their storage facilities? >> i think we would know about -- about their production facilitie
russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >>...
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china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best products in the world and it's inexpensive. >> that's a lot of people looking at the chart. >> look again, the people who own apple, they were the ones who owned it because it was going up. it reminds me very much in 1999, what do i do with my nortel, it's at 110. in the meantime, roth, the ceo gives a session, an off the record session, or a session where he bashed 15 people. and said you know what? we're going to miss the numbers really big. apple is not nortel, but it trades like those that do and people get into the rut of saying i got
china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best...
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>> well, he didn't speak to motive but i am guessing, tyler, given all the talk about china, given all the china problems they've had, working conditions, salaries, his forced trip over there, i'm guessing they think this would and good idea. they talk a lot about skilled labor over here and not educating the kinds of workers they need. but it's just one of the points he kind of scatters through this first real interview which was months upon months in the making, as i need not tell you. >> yes, indeed. sometimes dealing with apple, it takes a long, long time to get through. but once you do, they're very forthcoming. brian, did he speak at all to -- i don't want to use the word burden but in some ways it is a burden. they don't produce a lot of products every year but they do produce products that they consider revolutionary, that changes for the greater good the american society and the way business is done. that's a pretty heavy burden and mantel to carry for a company and for a ceo. >> it is. americans all around the world, when people get a little harsh on what happened to the amer
>> well, he didn't speak to motive but i am guessing, tyler, given all the talk about china, given all the china problems they've had, working conditions, salaries, his forced trip over there, i'm guessing they think this would and good idea. they talk a lot about skilled labor over here and not educating the kinds of workers they need. but it's just one of the points he kind of scatters through this first real interview which was months upon months in the making, as i need not tell you....
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one point two percent and falling europe is in serious trouble what happens in europe what happens in china where they're preparing for a hard landing all of these things will have an impact here we're in a lot of trouble you can't retire that debt so no you could confiscate all the wealth from the top five percent of the american people it would make a dent really it wouldn't make a try you know you talk about running the government for six months. all right well let's talk about the new the the new fiscal year two thousand and thirteen bill that was just passing and it's about the senate waiting on the house but it's an increase of seventeen billion dollars is this a gross contradiction we're talking about you know we're facing this looming in class that we're about to pull out of this is the whole point that i think that we have to be this is. the point the senate is living in fantasyland the people in the house know this is not sustainable there is more reality in the house than in the senate the senate is the political equivalent of hollow in political terms the united states they are
one point two percent and falling europe is in serious trouble what happens in europe what happens in china where they're preparing for a hard landing all of these things will have an impact here we're in a lot of trouble you can't retire that debt so no you could confiscate all the wealth from the top five percent of the american people it would make a dent really it wouldn't make a try you know you talk about running the government for six months. all right well let's talk about the new the...